Where there’s money to made, illegally, you can be sure someone will hear the call of easy money. One such gang was taken down a few days ago by UK police.
From ZDNet Asia:
The discovery was made by specialist card fraud police unit, the Dedicated Cheque and Plastic Crime Unit (DCPU), when it raided a sophisticated counterfeit card factory in Birmingham. Two people have been arrested and charged with conspiracy to fraud following the raid.
When police raided the premises they found stolen chip and PIN terminals, card account numbers, a card reader/writer, computer software and fake magnetic stripe cards.
According to police, the tampered chip and PIN terminals are installed in retail outlets and petrol stations either by someone working on the inside or by threatening staff. The criminals are then able to steal card details and PIN numbers.
This is nothing new except that the criminals were threatening their victims into installing them. Usually the perps aren’t quite so brazen opting for a more discreet approach.
